The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Southampton: Hampshire & Regional Property Group’s flagship scheme under way

20 July 2016
Share
property-default

Hampshire & Regional Property Group has a £60 million regeneration scheme, The Fruit and Vegetable Market, underway at Southampton with the phase-one steel-frame structure starting to rise into the skyline. The scheme is on track to be completed by this time next year.

Off Queensway in the city centre and split across three blocks, the scheme will provide 84 one-bedroom and 195 two-bedroom apartments as well as almost 900 sq m of commercial space.  

Highways work is taking place to create more on-street parking, and the construction of an underground car park in the second of the three buildings is in hand.

Allan Gordon, managing director of Hampshire & Regional Property Group, said: “On any given day there are at least 70 contractors working to bring this important project to fruition. This is a flagship scheme which will completely transform the area, bringing with it much needed homes and jobs.”  

Councillor Simon Letts, leader of Southampton City Council, said: “This development is one of seven Very Important Projects that are underway in the city centre, the masterplan for which was implemented in 2012. An envisaged £3 billion of investment is coming in to the city, and this huge level of financial commitment has made Southampton the destination city on the South Coast.”

PMC Construction is the principal contractor appointed by Hampshire & Regional Property Group to build the scheme. Around 30 jobs could be created through the commercial space and an estimated 300 jobs created during the construction period. The scheme marks Southampton’s first ever Private Rented Sector (PRS) development.

Southampton: Hampshire & Regional Property Group’s flagship scheme under way


Related articles

Latest Deal Ticket

view more
Accountants Martin and Company (Hampshire)
have merged with
Accountants Shaw Gibbs (Oxfordshire)
April 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles